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‘Highly probable' Silverstone will end contract
British Racing Drivers' Club John Grant has said it is 'highly probable' Silverstone will activate the exit clause that will see them pull out of hosting the British Grand Prix after 2019. The BRDC initially signed a deal with Bernie Ecclestone in 2010, with the cost for hosting that year's race totalling a manageable £12million. But a 5% year-on-year increase means that by the end of the current in 2017, the BRDC would have to stump up as much as £26million. July 14 represents the final day that the BRDC can activate a clause that allows them to opt out of a current deal and that appears to be the most likely outcome. 'It is highly probable we will have to activate the break...
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7y ago from PlanetF1.com
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